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    OFF-MARKET
    Office Units

    34 Orchard St, Asheville, NC 28801

    1,400 SF 0.13 ac lot Built 1922
    Property ID
    US53-0816944
    Property summary
    AI-generated overview

    This exceptional 700-square-foot office suite, located at 34 Orchard St in downtown Asheville, NC, is part of a completely renovated building (2024). Situated in a vibrant area, it's within easy walking distance of Charlotte St, Starbucks, and other amenities. The Class A building boasts a desirable location surrounded by professional services firms, offering convenient street parking and a private rear parking lot. The suite itself features a private bathroom and kitchen, dual entry points (front and rear), and prominent lighted signage visible from I-240. Modern upgrades include new paint (interior and exterior), windows, roof, entryways, signage, doors, and flooring. High-quality finishes and smart locks enhance security and convenience. The all-inclusive rent of $1800 covers utilities (electric, water, sewer), property taxes, and more. A security deposit of $1800 is required. Lease terms are a minimum of one year, with negotiable rates for longer (3+ year) leases. The building, constructed in 1922, is zoned OF2 and has a total of 1,400 square feet across two suites. Suite 1 is currently leased. This property offers a unique blend of historic charm and modern amenities in a highly sought-after downtown Asheville location. The property is situated on 0.13 acres and is served by Duke Energy.

    Property profile
    Verified
    Property type Office Units
    Year built 1922
    Total area 1,400 SF
    Lot 0.13 ac (5,663 SF)
    UPID US53-0816944
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Asheville Communications Inc Telecommunications Service
    • Motorola Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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